The government’s Chief Information Officer, Juan E. Rodríguez, urged the Telecommunications Regulatory Board Monday to give way to Puerto Rico Telephone’s petition for a cable television franchise license to launch islandwide IPTV service, as it would benefit consumers, competition and the economy.
Delayed by a “give-and-take” between Telecommunications Regulatory Board members and representatives from Puerto Rico Telephone (Claro) and companies opposed to its application for a cable television franchise license, Monday’s hearing on IPTV got off to an unsurprisingly rocky start.
Moody's Investors Service downgraded the rating of more than $1 billion of the Puerto Rico Public Building Authority’s general obligation bonds to Baa1 from A3, providing a negative outlook for Series R and Series S. The bonds are expected to go to market Tuesday.
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